{"id":129635,"date":"2022-10-05T14:57:04","date_gmt":"2022-10-05T14:57:04","guid":{"rendered":"https:\/\/fin2me.com\/?p=129635"},"modified":"2022-10-05T14:57:04","modified_gmt":"2022-10-05T14:57:04","slug":"nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout\/","title":{"rendered":"Nokia to scale up mfg in India by 1.5x to support its 5G service rollout"},"content":{"rendered":"

Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company’s country head of mobile networks business.<\/p>\n

<\/p>\n

Nokia is supplying  network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai.<\/p>\n

Vodafone Idea is yet to finalise its contract as it awaits fresh funding.<\/p>\n

“We have been preparing ourselves for 5G deployment in India for more than a year — whether it is upskilling our people, increasing production, or hiring the right talent.<\/p>\n

“With a huge demand for equipment coming up from India, we will need to ramp up manufacturing to meet this requirement.<\/p>\n

“We could be looking at an enhanced production capacity of 1.5x in the next few years,” Chhabra said on the sidelines of the India Mobile Congress.<\/p>\n

“We have invested over Rs 600 crore to manufacture telecom products worth Rs 3,500 crore annually, with over 50 per cent for export,” Chhabra said.<\/p>\n

Work on expanding the manufacturing facility in Chennai is already underway and more production lines will be added to the plant.<\/p>\n

Ramp-up is expected from the first quarter of CY23 and will gradually increase it to 1.5x times of the current level, based on requirements.<\/p>\n

Bharti Airtel has already started 5G services in eight cities and aims to expand the coverage across India by March 2024.<\/p>\n

Reliance Jio will begin its roll-out in metros by Diwali and will extend the network to the entire country by December 2023.<\/p>\n

5G rollout in the country is expected to be among the fastest in the world with affordable tariffs and the desire among people to embrace the new technology.<\/p>\n

India is expected to have over 300 million 5G subscribers by the end of 2026.<\/p>\n

The Covid pandemic has also accelerated the use of automation at Nokia, making site integration and software upgrades quicker than usual.<\/p>\n

While installation of sites happens on location, they are being integrated into the network remotely through a central location bringing saving time and cost.<\/p>\n

“Our focus is on automation of services to be more efficient,” Chhabra said.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun […]<\/p>\n","protected":false},"author":3,"featured_media":129634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nNokia to scale up mfg in India by 1.5x to support its 5G service rollout - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nokia to scale up mfg in India by 1.5x to support its 5G service rollout - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T14:57:04+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/10\/Nokia-to-scale-up-mfg-in-India-by-1.5x-to-support-its-5G-service-rollout.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout\/\",\"url\":\"https:\/\/fin2me.com\/business\/nokia-to-scale-up-mfg-in-india-by-1-5x-to-support-its-5g-service-rollout\/\",\"name\":\"Nokia to scale up mfg in India by 1.5x to support its 5G service rollout - 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